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GOLD Elliott Wave Technical Analysis – 15th October, 2014

The target for a little downwards movement was 1,222. Price reached 1,221.95 and then turned, as expected from the preferred hourly Elliott wave count. Summary: Upwards movement is incomplete. At this stage I expect it is quite likely to end about 1,281, in about one...

GOLD Elliott Wave Technical Analysis – 7th October, 2014

Upwards movement was expected for the main Elliott wave count, which is judged to be about 55-60% likely. The alternate Elliott wave count remains valid, but has slightly reduced in probability today. Summary: Intermediate wave (2) has most likely begun and a new high...